
Eighty-five percent of TV networks are using new
measurement currencies and tools in recent upfront deal-making with advertisers, according to a new survey by the TV network advertising group VAB.
The research also shows that
between 25% and 49% of upfront advertisers --175 advertisers -- are actively using or testing a measurement option other than Nielsen.
The group has been highly critical of Nielsen, the
dominant TV measurement provider for decades. In 2021, it said that due to Nielsen's pandemic-related maintenance issues, there was significant undercounting of TV impressions.
Earlier
this year, the VAB said undercounting resulted in a $700 million loss in advertising revenue -- a loss of 60 billion TV impressions from September 2020 through December 2021.
Major advertising categories using new measurement tools include automotive, consumer packaged goods, telecommunications, quick service restaurants and pharmaceuticals.
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It adds that new
measurement options are most frequently used in linear TV, streaming, connected TV (CTV) and over-the-top platforms (OTT).
The group says its methodology was “confidential multi-question
survey distributed to all Measurement Innovation Task Force companies who transacted advertising dollars in the ‘22/23 Upfront. VAB aggregated and reported results.”
The VAB says
the survey is inclusive of the major TV publishers and a majority of the single networks.